Author: PR Newswire Online News

BorgWarner Reports Second Quarter 2019 U.S. GAAP Net Earnings Of $0.83 Per Diluted Share, Or $1.00 Per Diluted Share Excluding Non-Comparable Items

AUBURN HILLS, Mich., July 25, 2019 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today reported second quarter results. Second Quarter Highlights: U.S. GAAP net sales of $2,551 million, down 5.3% compared with second quarter 2018. Excluding the impact of foreign currencies and the net…

Daimler reports second-quarter 2019 results

STUTTGART, Germany, July 24, 2019 /PRNewswire/ — Revenue up 5% to €42.7 billion (Q2 2018: €40.8 billion) Group EBIT of minus €1.6 billion (Q2 2018: plus €2.6 billion) Net loss of €1.2 billion (Q2 2018: net profit of €1.8 billion) Portfolio review and efficiency programs intensified Significant improvement of EBIT and free cash flow in… Continue reading Daimler reports second-quarter 2019 results

Mazda drives engineering creativity using Siemens’ model-based generative engineering tools

PLANO, Texas, July 23, 2019 /PRNewswire/ — Siemens today announced that Mazda Motor Corporation has adopted the Capital™ electrical design software suite from Mentor, a Siemens business, to help maximize innovation in the design of next-generation automotive electrical systems. Recognized worldwide for its successful launch of innumerable innovative technologies, Mazda uses Capital for model-based generative design for… Continue reading Mazda drives engineering creativity using Siemens’ model-based generative engineering tools